BLT benitec biopharma limited
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News: BLT Benitec Biopharma Enters Agreement To Issue 2.8 Mln American Depositary Shares

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    01/10/19
    11:00
    Post #: 40658762

    Oct 1 (Reuters) - Benitec Biopharma Ltd (BLT) :

    • ENTERED SECURITIES PURCHASE AGREEMENT WITH INVESTORS IN U.S. TO ISSUE 2.8 MILLION AMERICAN DEPOSITARY SHARES
    • EACH ADS REPRESENTS 20 FULLY PAID SHARES AT A PURCHASE PRICE OF US$0.70 PER ADS
    • ISSUE OF ADSS AND PRE-FUNDED WARRANTS TO RAISE GROSS PROCEEDS OF ABOUT US$2.25 MILLION
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